Iteris,
Inc. (NYSE MKT: ITI), a leader in providing intelligent traffic
management and weather information solutions, has introduced ClearPath
Ag™, a data-driven, premium weather content system for precision
agriculture. Iteris’ cloud-based software solution provides actionable,
field-level weather information needed for data-driven decision making
for efficient crop management, risk reduction and mitigation, and
resource allocation.
ClearPath Ag is the latest development from the ClearPath API platform,
a scalable, high-performance content platform that combines the power of
big data and analytics with the experience of Iteris’ in-house staff of
farmers, agronomists, meteorologists, and data scientists. This new
technology is able to support agribusinesses – from retailers and
manufacturers to crop consultants and the growers themselves – with
critical tools and information needed for optimal crop management.
“The official release of our ClearPath Ag technology marks the first
stepping stone in our strategy to align services and products with
complementary adjacent markets,” said Abbas Mohaddes, president and CEO
of Iteris. “The ClearPath Ag suite brings a tremendous value proposition
to the precision ag marketplace, as it should enhance decision making
for agribusinesses to maximize crop yields, minimize risk, and improve
compliance reporting.
“This value proposition is further demonstrated by our recently
established partnership with Agrian, a leading provider of widely
adopted agri-data tracking and information systems. We look forward to
the continued enhancements in our product suite and the planned upcoming
release of our ClearPath Ag precision radar and mapping content, which
includes soil, climatology, planting and harvesting information.”
ClearPath Ag’s high-resolution content can provide field-specific
weather data down to a 1x1 kilometer resolution. It also provides
current weather conditions, hourly and daily forecasts, and historical
information, as well as additional ClearPath API data such as Growing
Degree Day, Hail Risk Advisor, Virtual Rain Gauge, and Nowcast.
Iteris plans to demonstrate ClearPath Ag to agribusiness retailers,
manufacturers, growers, and software providers at the International
Society of Precision Agriculture’s 12th International
Conference on Precision Agriculture, which is being held on July 20-23,
2014 in Sacramento, California. Iteris also plans to exhibit its new
technology at the InfoAg Conference, being held on July 29-31, 2014 in
St. Louis, Missouri.
About Iteris, Inc.
Iteris, Inc. (NYSE MKT: ITI) is a leader
in providing intelligent information solutions to the traffic management
market. The company is focused on the development and application of
advanced technologies and software-based information systems that reduce
traffic congestion, provide measurement, management, and predictive
traffic and weather analytics, and improve the safety of surface
transportation systems. By combining its unique IP, products, decades of
expertise in traffic management, hyper-local weather solutions and
information technologies, Iteris offers a broad range of Intelligent
Transportation System (ITS) solutions to customers worldwide. The firm
is headquartered in Santa Ana, California, with offices nationwide and
in the Middle East. For more information, please call 1-888-329-4483 or
visit www.iteris.com.
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and YouTube.
Safe Harbor Statement under the Private Securities Litigation Reform
Act of 1995
This release may contain forward-looking
statements, which speak only as of the date hereof and are based upon
our current expectations and the information available to us at this
time. Words such as "believes," "anticipates," "expects," "intends,"
"plans," "seeks," "estimates," "may," "will," "can," and variations of
these words or similar expressions are intended to identify
forward-looking statements. These statements include, but are not
limited to, statements about the roll-out plans for our ClearPath Ag
weather content system and the future success and capabilities of such
system. Such statements are not guarantees of future performance and are
subject to certain risks, uncertainties, and assumptions that are
difficult to predict, and actual results could differ materially and
adversely from those expressed in any forward-looking statements as a
result of various factors.
Important factors that may cause such a difference include, but are not
limited to, our ability to ability to successfully develop, complete,
roll out and gain broad market acceptance for our ClearPath Ag system;
challenges in the development of software-based solutions generally; the
potential impact of product and service offerings from competitors and
other competitive pressures; the broad adoption of technology based
analytics solutions in the agriculture market; and the impact of general
economic, political, and other conditions in the markets we address.
Further information on Iteris, Inc., including additional risk factors
that may affect our forward-looking statements, is contained in our
Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q, our
Current Reports on Form 8-K, and our other SEC filings that are
available through the SEC’s website (www.sec.gov).
Copyright Business Wire 2014